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Wednesday, August 19, 2026 |
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Mortgage Market Update
When does refinancing actually pay off?
Hi there — I've been fielding a lot of questions lately about refinancing, and I thought I'd share some perspective on how to think about it.
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National Mortgage Rates · August 13, 2026
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Source: Freddie Mac PMMS & Optimal Blue via FRED
Rates shown are national averages and are provided for informational purposes only. Actual rates vary based on credit profile, loan amount, and market conditions. Please contact us for a personalized rate quote.
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Refinancing Strategy
When to think about a new mortgage
A lot of people wait for the perfect moment to refinance, but the truth is there's rarely one magic number. What matters more is understanding where you stand right now — your current rate, how long you plan to stay in your home, and what refinancing would actually cost. Sometimes a modest rate improvement makes sense; sometimes it doesn't. The best time to explore your options is before you need to, when you can think clearly and compare possibilities without pressure. If you've been in your home for a while or your situation has changed, it might be worth a conversation.
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Tip of the Week
Inspect your attic insulation. Proper insulation reduces heating and cooling costs and can prevent ice dams on your roof.
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Tips for Homeowners
Fall Home Prep: Heating, Safety & Systems
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Have your heating system serviced before it's needed. A furnace failure in winter is an emergency — routine maintenance costs far less than emergency repairs.
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Test smoke detectors and carbon monoxide detectors and replace batteries. Carbon monoxide poisoning risk rises when heating systems run more frequently.
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Drain and shut off exterior faucets and sprinkler systems before the first freeze to prevent burst pipes — one of the most expensive and disruptive homeowner emergencies.
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Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Chris Laye team any time and we'll walk you through your options.
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460 Shadowood Ct Roswell GA 30075
678-313-4879
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